Seven years after the introduction of the Sarbanes-Oxley Act, the debate about whether audit firms should provide tax services to companies they already audit has sprung back into life. Jack Grocott finds out how regulation is forcing taxpayers to think twice about who they hire for their tax work and what the future holds for international audit firms that offer tax services to their clients.
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The political optics of the US’s carve-out deal are poor, but as the Fair Tax Foundation’s Paul Monaghan writes, it preserves pillar two’s guiding ethos
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Multinationals face rising TP scrutiny as global rules diverge. As Daniel Moalusi argues, strong, consistent documentation is now essential to minimise audit risk and protect tax positions